Shady Well (foaled 1929 in Ontario) was a Canadian Thoroughbred racehorse.
Her dam was The Wishing Well whose sire was the British champion, The Tetrarch who was voted Britain's greatest two-year-old of the 20th Century.
He then raced under his own name and transferred Shady Well's conditioning over to Johnny Thorpe.
Racing at age two, Shady Well won the 1931 Clarendon Plate and finished second in the Coronation Futurity Stakes.
Among her fifteen career wins, against her female counterparts Shady Well won back-to-back editions of the Maple Leaf Stakes in 1932 and 1933.